331 S 1st StreetCripple CreekCO80813
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Cripple Creek at 331 S 1st Street, Cripple Creek, CO, 80813 offers a 7.27% rental yield on a $237,500 purchase with $1,438/mo rent. Total monthly income registers $1,438/mo, and a $1,162/mo payment leaves $54/mo available for distribution. Annual cash flow reaches $652/yr on $78,731 to close, and return on cash invested stands at 20.74% in year one. Equity gained on principal adds $1,533/yr while 5% annual appreciation supports $65,617 over five years. Portfolio math shows five-year ROI at 106.83% and total cumulative return in cash at $84,105. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,438/mo property income against a $1,162/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1907
3,136 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80813, Cripple Creek, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,212 (100%) |
| Owner Occupied HU | 562 (46.4%) |
| Renter Occupied HU | 275 (22.7%) |
| Vacant Housing Units | 375 (30.9%) |
| Median Home Value | $410,000 |
| Average Home Value | $435,556 |
Housing Distribution
Address Breakdown
Residential
293
Single Family
293
Multi-Family
0
Businesses
91
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Listed by: Jim Loveridge • Real Broker, LLC DBA Real
Mls Name: REcolorado
Mls ID: #9149430